Being the bacon lover I am, I have always wondered about how much bacon goes into an ounce of bacon bits but wasn’t willing to buy an accurate scale to find out. The geeks at cockeyed.com did the experiment themselves.
Price Package Size Cooked yield Price per cooked oz. Price per slice Bacon Bits $1.89 3 oz. 3 oz. $0.63 31? Raw Bacon $5.99 16 oz. 4.75 oz $1.30 63?
As you can see from this chart, the Oscar Mayer package of bacon bits are a good price for their weight. Bacon is priced like diamonds: The smaller the pieces, the cheaper they are per ounce.
It’s good to finally know the conversion factor of 16 oz. of raw bacon cooks down to 4.75 oz. My pricing is very different because I tend to buy in bulk and when things are on sale, but the bit price per ounce still wins, just not by as much: $0.39 vs. $0.53.